Morning Brief of August 7th 2024

ECONOMIC HEADLINES

| MOROCCO | EMPLOYMENT | An unemployment rate of 13.1% in Q2 2024
According to HCP, the unemployment rate in Morocco stood at 13.1% in Q2 2024 against 12.4% a year earlier. In more details, the unemployment rate increased from 16.3% to 16.7% in urban areas and from 5.7% to 6.7% in rural areas.

| CÔTE D’IVOIRE | RATING | Fitch Ratings Affirms Cote d’Ivoire’s Sovereign Rating at “BB-”
As of August 2nd 2024, the international rating agency Fitch Ratings confirms the long-term sovereign rating of Côte d’Ivoire at “BB-” with a stable outlook.

 

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